212 Wellington Street W, Merrickville-Wolford

$545,000
212 Wellington Street W

$545,000

New
64d
DetachedBungalow

212 Wellington Street W, Merrickville-Wolford

Total Monthly Obligation $2,912

Beds
2
Baths
2
Park
2
Sqft
1100-1500
DOM
64d
Score
24
Yield
6.4%
Cash on Cash
2.7%
Cap Rate
5.2%
5Y IRR
17.8%
10Y IRR
16.4%
Property Type-Detached
MLS® Number-X13698556
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-50 × 100 ft
Listed on site-Aug 20, 2026
Style-Bungalow
Building Type-Detached
Taxes-$4,058 (2026)
Parking-2 - None
Basement-Finished with Walk-Out
Heating-Heat Pump (Gas)
Brokerage-DETAILS REALTY INC.
Cooling-Other
Laundry-No
Fireplace-Natural Gas
Pool-None
Facing-South
Exterior-Other
Roof-Metal
Foundation-Insulated Concrete Form
Sewer-Sewer
Possession-90+ days
Neighbourhood-804 - Merrickville
Title-Residential Freehold

No agent assigned

Unique 2 bedroom, 2 bath bungalow conveniently located a short walk to all the amenities of Merrickville. The home includes a spacious front porch which overlooks a large perennial flower garden that encompasses the front yard. Walking into the home you are greeted by an open concept living area with hardwood flooring. French doors lead to large main floor primary bedroom with access to a small 3 season sun room overlooking the private backyard. The primary bedroom has a walk-in closet and four piece ensuite including a clawfoot bathtub. The lower level includes a bedroom, a full bathroom, a large recreation room plus a family room with access to the backyard. High efficiency ductless heating/air conditioning along with ICF construction makes this beautiful home easy to heat and cool throughout the year. A recently upgraded metal roof ensures lower maintenance costs for many years to come. This home provides much more living space than is apparent from the outside. Please call to book your showing.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$436,000
Land Transfer Taxes$7,375
Legal Fees (Est.)
$
Total cash required for closing$117,875

Total Monthly Obligation

$2,912/mo
Mortgage $2,198
Monthly Loss $2,333
Principal$579
Interest$1,620
Property Tax$338
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.2%29
Cash-on-Cash
-3.1%4
5-Year IRR
13.3%59
10-Year IRR
13.2%
Returns Index
30.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$34,800/yr
NOI
$22,762/yr
Net Cash Flow
-$302/mo
Cash Margin
-10.4%1
Cash Flow Index
0.6/ 100
Risk Profile
Weight: 20%
DSCR
0.8618
LTV Ratio
80.0%18
Vacancy Buffer
3.3 mo55
Risk Index
30.4/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 212 Wellington Street W

Time

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